For example, I posed a question about determining whether two samples {x} and {y} came from the same probability distribution, meaning that the distribution's parameter on the two variables sampled is the same: i.e.,σx=σyσx=σy.This answerto that question refers to "the likelihood-...
Debt-to-income (DTI) ratio: Similar to LTV ratio, if your DTI ratio is lower, you’ll likely get a lower rate. The DTI ratio compares your monthly debt payments — including the mortgage — with your monthly income to ensure you’re not overextended. You can still get a conventional ...
the algorithm proceeds in a trial-and-error process. Each move receives positive, negative, or neutral feedback, which the algorithm uses to hone its overall decision-making process. Reinforcement learning algorithms can work on a macro level toward the project goal, even if that means dealing ...
the algorithm proceeds in a trial-and-error process. Each move receives positive, negative, or neutral feedback, which the algorithm uses to hone its overall decision-making process. Reinforcement learning algorithms can work on a macro level toward the project goal, even if that means dealing ...
NPS feedback has a very positive effort-to-gain ratio. The NPS question feels easy to respondents and requires little time to answer. At the same time, the results allow you to drive complex conclusions. However, to grow your business, you need more than just NPS. One condition is that ...
In other words, logistic regression may show you that there is a positive correlation between outdoor temperature and sales, but this doesn’t necessarily mean that sales are rising because of the temperature. If you want to learn more about the difference between correlation and causation, take...
Box 6: The new information is that has tested positive for COVID. Box 7: The likelihood of under the null hypothesis is , or (the false positive rate). Box 8: The likelihood of under the alternative is , or (one minus the false negative rate). Box 9: The likelihood ratio is ...
Primarily, the job of a mortgage underwriter is to measure how much risk the lender is assuming if it approves your loan. To that end, they evaluate your finances and the likelihood that you can repay the loan on time. A mortgage underwriter will: ...
Boosting user loyalty and retention:A higher LTV indicates strong user loyalty and retention. By focusing on users with higher LTV, you can develop strategies that encourage ongoing engagement, reduce churn, and increase the likelihood of referrals and positive reviews. ...
such as accuracy, the overall correctness of the model’s predictions, and recall, the ratio of correctly predicted positive observations. Also consider how the model’s predictions are affecting business outcomes on the ground—is it generating value, whether in increased sales of blouses or better...